Martin Lewis' MSE says 'do a lot better' by ditching Chase bank

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Martin Lewis' MSE says 'do a lot better' by ditching Chase bank
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The US giant has slashed its savings rates yet again - and Martin Lewis' MoneySavingExpert team says you can now 'do a lot better'

The MSE team, headed by money-saving expert Martin Lewis, suggests that Chase account holders may want to consider switching banks for a better savings rate. This comes after the US banking giant cut its standard savings rate from 4.1 percent to 3.85 percent.

However, Martin Lewis' MSE crew points out that Chase's 'boosted saver' rate has decreased from 5.1 percent to 4.85 percent. This recalibration aligns with recent interest rate reductions by the Bank of England. If you've missed out on securing the celebrated 'boosted saver', the MSE team advises that there are now more advantageous options available than sticking with Chase, reports the Express.

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